There are two calculation options, depending on what you would like to know:

Method [A] - I know how much I would like to repay each time: How many repayments will be required to clear the loan?

Method [B] - I know how many repayments I wish to make on a loan: How much will each repayment be?

New Loan: Inclusive of Interest

What
kind of a loan do you need?

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Existing Loan Balance? (If applicable)

£

How much would you like to borrow?

£

Total

£

How
often will you make repayments?

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METHOD A

How much will each repayment be (including interest)?

£

Repayment Information:

The number of repayments will be:



Your loan will be repaid over:

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Your total repayment will be:

£

The total interest will be:

£

METHOD B

How long to pay off this loan?

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Repayment Information:

Each repayment will be (including interest):

£

Your loan will be repaid over:



Your total repayment will be:

£

The total interest will be:

£

Whilst every care has been made in the production of this document, Community Savings & Loans, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.